Aquila Capital entered the data center market with the creation of a data center division AQ Compute. Its data center division AQ Compute will construct a sustainable and energy-efficient colocation data center in Norway.
Modular liquid-cooled facility
Since 2012, Aquila Capital has been developing sustainable, energy-efficient real estate and logistics projects in Europe with a total transaction volume of approximately EUR750 million. AQ Compute focuses on the provision of sustainable data centers, which enable customers to outsource their server hardware for the required computing capacity.
Roman Rosslenbroich, CEO and co-founder of Aquila Capital, said,
“The project fits seamlessly into Aquila Capital’s sustainable investment strategy: The global demand for new technologies based on energy-intensive IT applications is increasing continuously. That is why more and more climate-damaging greenhouse gases are being emitted. With sustainable and, above all, energy-efficient data centers, we make a decisive contribution to reducing global CO 2 emissions. At the same time, the growing data center market offers investors an attractive investment environment with sustainable potential for returns.”
Construction on the Norwegian facility will begin this year near Oslo and will be created with Cloud&Heat Technologies, a German IT company that makes modular liquid-cooled facilities. According to the announcement, the facility could feature a hybrid cooling system of water and air cooling as required by clients, and it expects its power usage effectiveness (PUE) to be between 1.07 and 1.2.